VESELIN PAVLOV

Financial Process Automation & Workflow Optimization

• Streamlined financial operations by replacing manual processes with automated workflows in Moneybird and e-boekhouden.nl, significantly reducing processing time for invoicing and payments.

• Developed a proprietary Excel engine using Power Query and advanced data modelling to centralize financial reporting.
• Applied Financial Planning and Budgeting principles to construct master budgets, reconciling operating and financial plans.

Corporate Client Analysis — Grupa Azoty

• Built a structured financial snapshot covering revenue trends, EBITDA margins, leverage, and interest coverage using publicly available reports.
• Reviewed the group's debt structure and refinancing sensitivity in a rising interest-rate environment.

Debt Sizing & Capital Structure Analysis

• Developed a debt sizing model to determine optimal financing capacity based on cash flow generation and leverage constraints.
• Assessed repayment capacity under different DSCR scenarios, cross-checking max debt via NPV and a full amortization schedule.

M&A Analysis — ASML & Nearfield Instruments

• Built an Excel-based valuation model applying Discounted Cash Flow (DCF) and comparable company analysis (multiples) to estimate enterprise value.

• Evaluated the market rationale and synergies of the acquisition, and assessed market positioning within the industry.

NL Income Tax Model — 2026

• Built a full progressive income-tax and gross-to-net salary model for the Netherlands from scratch in Excel, applying the 2026 Box 1 brackets and both major tax credits.
• Calculated 141 salary points from €10,000 to €150,000 and charted how the effective tax rate and take-home pay evolve through each bracket.

Transaction Monitoring — Network & Anomaly Detection

• Built a rule-based AML transaction monitoring engine flagging same-day frequency abuse, circular money flows, and high-risk country exposure across a transaction log.
• Half of monitored transactions were flagged, all tracing to circular flow between the same account pairs.

ETF Investing — Scenario Analysis

• Built a 20-year monthly-contribution investment model for a VUAA (S&P 500 UCITS ETF) plan, with a full two-variable data table across deposit levels and time horizons.
• Modelled the Dutch Box 3 wealth tax on assumed return above the exemption threshold, separate from actual market performance.

Optimal Portfolio — AAPL & NVDA

• Built the mean-variance efficient frontier from 72 months of AAPL and NVDA returns, solving for the tangency and minimum-variance portfolios via Solver.
• Estimated the optimal portfolio's CAPM beta and Jensen's alpha, and benchmarked its growth against holding either stock alone.